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Downtown Storefront Building
For Sale
$72,900

317 1st Avenue, Sterling, IL 61081

Commercial Sale, Sterling, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market47

Property Features for 317 1st Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Go North through Rock Falls on Route 40, cross bridge into Sterling, go 1 block West side of road on 1st Avenue.
Subdivision Sterling
Standard status Active
APN 11214590110000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2127

Utilities

Cooling system Central Air

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Brick, Concrete
Listing Agency: RE/MAX Sauk Valley
Listed By: Tim McCaslin · License #471002068
Added: Jul 21 Changed: Sep 2 Last Checked: Sep 5 at 6:06AM
MLS# 12711135

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This downtown Sterling commercial property is a brick-and-concrete building constructed in 1920, with central air and more than 8,000 square feet across multiple levels. The main floor is arranged as two sides of approximately 2,100 square feet each. The south side is occupied by The Little Chocolatier, while the north side is vacant and available for a new commercial use. The second floor offers additional space that could be finished for future use.

The property is located at 317 1st Avenue in Sterling, Illinois, within the COMMR zoning designation. The parcel contains 0.0992 acres and includes PIN#11-21-45-90-10. The business operating on the south side may be purchased separately from the buildings.

Key Highlights

  • >8,000 square feet across a multi‑level downtown Sterling building
  • Two main‑floor sides of approximately 2,100 square feet each
  • South side occupied by The Little Chocolatier; north side is vacant

Property Analytics

Current Use

Little Chocolatier Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Dental Office Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 30% Shops & Services 21% Hotels & Casinos 3%
County Market Groceries
19,902 visits/mo 0.3 miles
Taco Bell Dining
13,339 visits/mo 0.2 miles
U.S. Bank Shops & Services
4,048 visits/mo 0.1 miles
Citgo Shops & Services
3,637 visits/mo 0.2 miles
Holiday Inn Express & Suites Rock Falls Hotels & Casinos
1,422 visits/mo 0.4 miles

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Brick-and-concrete commercial building with central air, one occupied side, and one vacant side.
Where is this storefront property located?
The property is located at 317 1st Avenue Sterling, IL.
What is the asking price?
The asking price for this property is $72,900.
What are key features of this property?
This property features: >8,000 square feet across a multi‑level downtown Sterling building; Two main‑floor sides of approximately 2,100 square feet each; South side occupied by The Little Chocolatier; north side is vacant
More about this property
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